Exchange-rate volatility and international trade performance: Evidence from 12 African countries

Mohsen Bahmani-Oskooee and Abera Gelan

Economic Analysis and Policy, 2018, vol. 58, issue C, 14-21

Abstract: In this paper, we study a sample of twelve African countries to examine the impact of the real exchange-rate volatility on their trade flows. In order to distinguish the distinct impact of the real exchange-rate volatility on their exports and imports, both in the short-run and long-run, we use the bounds-testing approach. We find that while exchange rate volatility affects trade flows of many of the countries in our sample in the short run, the long-run effects were restricted only on the exports of five countries and on the imports of only one country. The level of economic activity in the world and at home were identified to be major determinants of exports and imports, respectively.

Keywords: Africa; Trade flows; Exchange rate volatility (search for similar items in EconPapers)
JEL-codes: F31 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (41)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0313592617302333
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Exchange-rate Volatility and International Trade Performance: Evidence from 12 African Countries (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:58:y:2018:i:c:p:14-21

DOI: 10.1016/j.eap.2017.12.005

Access Statistics for this article

Economic Analysis and Policy is currently edited by Clevo Wilson

More articles in Economic Analysis and Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().